FirstLight Home Care
FirstLight HomeCare Franchising, LLC
Free for qualified buyers
Investment Range
$126,825 - $218,820
Franchise Fee
$50,000
Royalty
5%
Marketing Fee
3%
Total Units
238
Median Revenue
$1,237,320/yr
AI Summary
FirstLight Home Care is a franchise that provides non-medical, in-home personal and companion care services for seniors and other adults. The initial investment required to open a franchise ranges from $126,825 to $218,820, which includes a standard $50,000 franchise fee, and franchisees pay an ongoing royalty of 5% on gross sales. The system is demonstrating a strong growth trend, expanding from 195 to 238 franchised locations over the past two years. However, a notable risk is the wide variance in franchisee performance, as financial data shows that less than 35% of established territories met or exceeded the average gross revenue, indicating that a small number of high-performing units significantly skew the average.
Unit Growth
2022
195
2023
203
2024
238
Initial Investment Breakdown
| Category | Low | High |
|---|---|---|
| Initial Franchise Fee (See Note 1) | $50,000 | $50,000 |
| Training Fee (See Note 1) | $5,000 | $5,000 |
| Travel and Training Expenses (See Note 2) | $2,050 | $3,550 |
| Business Premises (See Note 3) | $500 | $3,300 |
| Start-Up Supplies and Inventory (See Note 4) | $300 | $900 |
| + 9 more categories (apply to see all) | ||
| TOTAL INVESTMENT | $126,825 | $218,820 |
Financial Performance Data
Access detailed revenue metrics, expense breakdowns, and profitability data from the Item 19 Financial Performance Representation.
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Apply for Free AccessIs FirstLight Home Care a Good Investment?
Based on the FDD data, here are key factors to consider when evaluating a FirstLight Home Care franchise opportunity:
Potential Advantages
- •Growing network with 238 locations
- •Strong growth trajectory with 17.2% year-over-year expansion
- •Competitive royalty fee of 5%
- •Clean legal record with no disclosed litigation or bankruptcy
- •Financial Performance Representation (Item 19) available for review
Considerations
- •Conduct thorough due diligence before investing
Disclaimer: This analysis is based on publicly available FDD data and should not be considered financial advice. Always consult with a franchise attorney and accountant before making any investment decision.
Frequently Asked Questions About FirstLight Home Care
How much does a FirstLight Home Care franchise cost?
The total initial investment for a FirstLight Home Care franchise ranges from $126,825 to $218,820. This includes the franchise fee, equipment, inventory, real estate, and other startup costs as disclosed in the FDD.
What is the FirstLight Home Care franchise fee?
The initial franchise fee for FirstLight Home Care ranges from $50,000 to $50,000.
What are the ongoing fees for a FirstLight Home Care franchise?
FirstLight Home Care franchisees pay a 5% royalty fee and a 3% marketing/advertising fee on an ongoing basis.
How many FirstLight Home Care franchise locations are there?
FirstLight Home Care currently operates 238 franchise locations. This includes both franchised and company-owned units.
Quick Facts
Free for qualified franchise buyers
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- Historical year-over-year trends
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